Makayla Management Services is considering investing $150,000 in a project . Data related to the investment are as follows : Cash Inflows $40,000 $46,000 $34,000 $ 80,000 $40,000 The investment's payback period in years (rounded to three decimal points ) is : 2.625 3.450 2.225 3.375 3.250
Makayla Management Services is considering investing $150,000 in a project . Data related to the investment are as follows : Cash Inflows $40,000 $46,000 $34,000 $ 80,000 $40,000 The investment's payback period in years (rounded to three decimal points ) is : 2.625 3.450 2.225 3.375 3.250
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Makayla Management Services is considering investing $150,000 in a project . Data related to the investment are as follows :
$40,000
$46,000
$34,000
$ 80,000
$40,000
The investment's payback period in years (rounded to three decimal points ) is :
2.625
3.450
2.225
3.375
3.250
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